2022
Exports | Imports
$10.5M | $233MWorld Rnk 57 / 194
Flag Rnk 644 / 1176
World Rnk 26 / 223
Flag Rnk 251 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.062Rnk 60 / 124
2022
PRODUCT COMPLEXITY IN Stone Processing Machines
0.48Rnk 385 / 1025

About

Exports In 2022, Vietnam exported $10.5M in Stone Processing Machines, making it the 57th largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 644th most exported product in Vietnam. The main destination of Stone Processing Machines exports from Vietnam are: Laos ($2.11M), Japan ($1.38M), Australia ($1.29M), Philippines ($997k), and Germany ($987k).

The fastest growing export markets for Stone Processing Machines of Vietnam between 2021 and 2022 were Laos ($1.27M), Germany ($874k), and Philippines ($354k).

Imports In 2022, Vietnam imported $233M in Stone Processing Machines, becoming the 26th largest importer of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 251st most imported product in Vietnam. Vietnam imports Stone Processing Machines primarily from: China ($148M), Italy ($21.7M), South Korea ($14.7M), Japan ($8.31M), and Germany ($7.3M).

The fastest growing import markets in Stone Processing Machines for Vietnam between 2021 and 2022 were Italy ($8.05M), United Kingdom ($2.39M), and Chinese Taipei ($1.95M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (9.97k), ADIDAS INTERNATIONAL TRADING AG (3.77k), and RTG FURNITURE CORPORATION (2.96k) were at the forefront of shipping Stone Processing Machines from Vietnam to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Stone Processing Machines. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.5M
IMPORTS (2022)$233M
NET TRADE (2022)-$223M

In 2022, Vietnam exported $10.5M in Stone Processing Machines. The main destinations of Vietnam exports on Stone Processing Machines were Laos ($2.11M), Japan ($1.38M), Australia ($1.29M), Philippines ($997k), and Germany ($987k).

In 2022, Vietnam imported $233M in Stone Processing Machines, mainly from China ($148M), Italy ($21.7M), South Korea ($14.7M), Japan ($8.31M), and Germany ($7.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stone Processing Machines EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Laos$1.27M (153%)
Germany$874k (773%)
Philippines$354k (55.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Processing Machines BY Vietnam WERE (2021 - 2022):
Singapore-$1.81M (-94.6%)
Sri Lanka-$894k (-77.2%)
China-$705k (-97.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Stone Processing Machines were:
China $5.39B
Germany $2.15B
Italy $1.58B
In 2022, Vietnam's main importing competitors in Stone Processing Machines were:

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Trade Value of Stone Processing Machines by Exporters

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